What to Consider When Implementing AI in Lending: A Conversation with ChatGPT
In the first post in our series on AI in lending, I began a conversation with ChatGPT, a so-called...
The Critical Role of Regulatory Forensics
The regulatory world in which financial companies operate is a vast sea of uncertainty that is...
On The Use of Regression Analysis in Fair Lending
In recent posts, we have focused on redlining as one of the more prominent fair lending risks that...
3 Risks of AI in Lending: A Conversation with ChatGPT
In our first post in this series, we introduced the concept of AI in lending and examined the first...
Special Purpose Credit Programs: Are They Right For Your Institution?
As lenders face increasing scrutiny from the regulatory and enforcement agencies with regard to...
3 Benefits of AI in Lending: A Conversation with ChatGPT
Artificial Intelligence, or AI (also referred to as “machine learning”), is here to stay. The...
Fair Lending Redlining: The Nuances and Challenges of Detecting and Correcting Problems
In our previous post on the topic of redlining, we discussed how redlining is an issue that can...
The Role of Fair Lending Risk Assessments in Banking Compliance
Financial institutions are under constant and increasing scrutiny from regulators to manage fair...
The Hidden Dangers of Fair Lending Redlining: How It Can Harm Your Bank and Your Customers
You know the importance of ensuring compliance with fair lending regulations. But have you...
Beginning of the Year Checkup: What to Expect in 2023
As we move out of the holiday season and prepare for the new year, we wanted to take a moment and...